Indiabulls Real Estate leads gainers in 'A' group

DELHI: Sobha Developers, Sesa Sterlite, Reliance Capital and Power Finance Corporation are among the other gainers. Indiabulls Real Estate jumped 18.84% to Rs 78.20. The stock topped the gainers in the BSE's 'A' group.

Real estate developer Sobha Developers galloped 11.97% to Rs 426.95. The stock was second biggest gainer in 'A' group. The stock hit a 52-week high of Rs 434.95 in intraday today, 16 May 2014. The company will announce Q4 results on 22 May 2014.

Diversified natural resources companies Sesa Sterlite spurted 11.11% to Rs 214.95. The stock was third biggest gainer in 'A' group. The stock hit a 52-week high of Rs 218.80 in intraday today, 16 May 2014.

Financial services company Reliance Capital climbed 10.30% to Rs 452.85. The stock was fourth biggest gainer in 'A' group. The stock hit a 52-week high of Rs 466 in intraday today, 16 May 2014.

Power projects financier Power Finance Corporation rose 9.83% to Rs 257.65. The stock was fifth biggest gainer in 'A' group. The stock hit a 52-week high of Rs 286.65 in intraday today, 16 May 2014. The company will announce Q4 results on 27 May 2014.

DELHI: Contrary to the perception that a Bharatiya Janata Party (BJP)-led government might prohibit foreign direct investment (FDI) in sectors like multi-brand retail, senior bureaucrats believe the FDI regime could be further opened up.

DELHI: Scene 1: You enter a with no security check and as you walk in, there is peeling paint, crumbling plaster, unkempt lawn, garbage spilt over in the common areas, lifts not working but the ‘works’ are there in the lift!

DELHI: Buying a home is an important personal finance decision. This not only compels us to use our savings for paying down payment for homeloan, it also makes changes to our lifestyle to accommodate the new EMI payment for the home loan.

DELHI: The real estate sector in India has the maximum scope for money laundering activities and there should be some sort of regulatory mechanism to keep a check on such activities, Special Director of the Enforcement Directorate Balesh Kumar today said.

DELHI: Buying property in Noida is likely to cost more from June. The Noida Authority proposes to hike the land allotment rate of residential and commercial properties by 15% and industrial properties by 10%, respectively, according to sources. The new rates are likely to be effective from June.

DELHI: Golf Course Extension Road has been developing as a premier lifestyle destination for residential and commercial property owing to fast-paced infrastructural development and good connectivity to NH-8 and South Delhi through Gurgaon-Faridabad Expressway.

DELHI: National Highway 8 has been playing a crucial role in catering to the people coming from all corners of the country by facilitating the growth of commercial and residential property investments along this stretch.

DELHI: The newest industrial pocket of IMT Manesar – Phase V – is now being readied for fresh development activity lined up for the coming years. The industry authority, HSIIDC, has recently put together a road layout plan for this newly acquired development land, which will connect parts of Phase V with the rest of the township.